Real Estate Investment Properties for Sale in Alanson, MI

Looking for investment property in Alanson, MI with high ROI ?

Explore a variety of short-term homes & houses in Alanson, MI. Invest wisely with VRBO & Alanson, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alanson, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3871 Resort Rd Alanson, MI Magnificent ranch home carved into 15 beautiful acres. This home features cathedral ceilin...	2 beds \| 2 baths \| 1,545 sq.ft.	$359,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.74% Airbnb Rental Income: $1570 Traditional Rental Income: $1866 Airbnb ROI: 0.52% Traditional ROI: 2.74%
3156 Bowman Rd Alanson, MI Custom designed, stick built home located with nearby access points to Burt Lake (E-W Fish...	2 beds \| 2 baths \| 1,477 sq.ft.	$349,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.29% Airbnb Rental Income: $1570 Traditional Rental Income: $2002 Airbnb ROI: 0.6% Traditional ROI: 3.29%
5441 Valley Road Alanson, MI Tucked along the banks of McPhee Creek, this private woodland property offers over 300 fee...	3 beds \| 2 baths \| 2,364 sq.ft.	$499,900	Airbnb cash on cash: 0.88% Traditional cash on cash: -0.35% Airbnb Rental Income: $2250 Traditional Rental Income: $1111 Airbnb ROI: 0.88% Traditional ROI: -0.35%
8018 Lake St Alanson, MI Located just north of Crooked Lake on the scenic Crooked River is this 3 bedroom, 2 bath h...	3 beds \| 2 baths \| 1,023 sq.ft.	$624,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.87% Airbnb Rental Income: $2250 Traditional Rental Income: $2077 Airbnb ROI: 0.2% Traditional ROI: 0.87%
7028 Barney Road Alanson, MI Experience the perfect blend of privacy and comfort in this truly unique Northern Michigan...	3 beds \| 3 baths \| 1,700 sq.ft.	$312,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 4.05% Airbnb Rental Income: $2250 Traditional Rental Income: $2022 Airbnb ROI: 2.91% Traditional ROI: 4.05%
8370 Lakeview Rd Alanson, MI 8370 Lakeview Rd, Alanson, MI 49706 \| Single Family Residential	2 beds \| 2 baths \| 2,160 sq.ft.	$1,695,000	Airbnb cash on cash: -1.88% Traditional cash on cash: -1.41% Airbnb Rental Income: $1570 Traditional Rental Income: $1854 Airbnb ROI: -1.88% Traditional ROI: -1.41%
4700 Oden #1 Rd Alanson, MI 4700 Oden #1 Rd, Alanson, MI 49706 \| Single Family Residential	1 beds \| 1 baths \| 335 sq.ft.	$250,000	Airbnb cash on cash: -0.99% Traditional cash on cash: -1.47% Airbnb Rental Income: $1048 Traditional Rental Income: $573 Airbnb ROI: -0.99% Traditional ROI: -1.47%
8503 US 31 Hwy Alanson, MI 8503 US 31 Hwy, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$139,000	Airbnb cash on cash: -2.82% Traditional cash on cash: 0.87% Airbnb Rental Income: $288 Traditional Rental Income: $543 Airbnb ROI: -2.82% Traditional ROI: 0.87%
7726 Lake St Alanson, MI 7726 Lake St, Alanson, MI 49706 \| Single Family Residential	5 beds \| 3 baths \| 2,600 sq.ft.	$529,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 2.64% Airbnb Rental Income: $3872 Traditional Rental Income: $2651 Airbnb ROI: 3.42% Traditional ROI: 2.64%
6672 San Juan #80 Alanson, MI Call today and tour 6672 San Juan to experience all the amenities of the El Rancho communi...	1 beds \| 1 baths \| 397 sq.ft.	$126,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 6.69% Airbnb Rental Income: $1048 Traditional Rental Income: $1260 Airbnb ROI: 1.97% Traditional ROI: 6.69%
5546 Valley Road Alanson, MI Stunning and thoughtfully built in 2015, this home perfectly blends luxury, location, and ...	3 beds \| 3 baths \| 2,892 sq.ft.	$595,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.39% Airbnb Rental Income: $2250 Traditional Rental Income: $3384 Airbnb ROI: 0.34% Traditional ROI: 3.39%
#52 Sunset Blvd Alanson, MI #52 Sunset Blvd, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$37,000	Airbnb cash on cash: -3.99% Traditional cash on cash: 11.33% Airbnb Rental Income: $288 Traditional Rental Income: $647 Airbnb ROI: -3.99% Traditional ROI: 11.33%
6373 Sunset Blvd Alanson, MI Enjoy stunning views of Crooked Lake from this charming 3-bedroom, 2-bathroom home in Eagl...	2 beds \| 2 baths \| 1,875 sq.ft.	$489,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 4.11% Airbnb Rental Income: $1570 Traditional Rental Income: $2608 Airbnb ROI: 0.86% Traditional ROI: 4.11%
2760 Resort Rd Alanson, MI 2760 Resort Rd, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: -2.87% Traditional cash on cash: 2.3% Airbnb Rental Income: $288 Traditional Rental Income: $649 Airbnb ROI: -2.87% Traditional ROI: 2.3%
6430 6648 Admirals Point Dr Lot 9 Slip142 Alanson, MI 6430 6648 Admirals Point Dr Lot 9 Slip142, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: -4.61% Traditional cash on cash: 3.95% Airbnb Rental Income: $288 Traditional Rental Income: $645 Airbnb ROI: -4.61% Traditional ROI: 3.95%
9093 Lake St Alanson, MI 9093 Lake St, Alanson, MI 49706 \| Single Family Residential	2 beds \| 2 baths \| 1,344 sq.ft.	$649,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 0.9% Airbnb Rental Income: $1570 Traditional Rental Income: $2175 Airbnb ROI: -0.84% Traditional ROI: 0.9%
5128 Burt Lake Views Dr Alanson, MI 5128 Burt Lake Views Dr, Alanson, MI 49706 \| Single Family Residential	3 beds \| 2 baths \| 1,350 sq.ft.	$325,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.5% Airbnb Rental Income: $2250 Traditional Rental Income: $1958 Airbnb ROI: 2.61% Traditional ROI: 3.5%
7925 M-68 Hwy Alanson, MI 7925 M-68 Hwy, Alanson, MI 49706 \| Single Family Residential	3 beds \| 1 baths \| 1,692 sq.ft.	$375,000	Airbnb cash on cash: 2% Traditional cash on cash: 1.16% Airbnb Rental Income: $2250 Traditional Rental Income: $1390 Airbnb ROI: 2% Traditional ROI: 1.16%
6097 Summerside Dr Alanson, MI 6097 Summerside Dr, Alanson, MI 49706 \| Single Family Residential	5 beds \| 2 baths \| 2,501 sq.ft.	$998,000	Airbnb cash on cash: 0.58% Traditional cash on cash: -0.18% Airbnb Rental Income: $3872 Traditional Rental Income: $2334 Airbnb ROI: 0.58% Traditional ROI: -0.18%
6261 East St #& 6234 East St Alanson, MI 6261 East St #& 6234 East St, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: -2.69% Traditional cash on cash: -0.14% Airbnb Rental Income: $288 Traditional Rental Income: $677 Airbnb ROI: -2.69% Traditional ROI: -0.14%
7847 Lake St Alanson, MI 7847 Lake St, Alanson, MI 49706 \| Single Family Residential	2 beds \| 1 baths \| 930 sq.ft.	$375,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 0.17% Airbnb Rental Income: $1570 Traditional Rental Income: $1041 Airbnb ROI: 0.39% Traditional ROI: 0.17%
2020 Lakeview Ln Alanson, MI 2020 Lakeview Ln, Alanson, MI 49706 \| Single Family Residential	4 beds \| 3 baths \| 1,965 sq.ft.	$368,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.04% Airbnb Rental Income: $2443 Traditional Rental Income: $2382 Airbnb ROI: 2.49% Traditional ROI: 4.04%
4444 Oden Rd #5 Alanson, MI 4444 Oden Rd #5, Alanson, MI 49706 \| Condo/Coop	4 beds \| 4 baths \| 4,040 sq.ft.	$1,410,000	Airbnb cash on cash: -1.83% Traditional cash on cash: -0.75% Airbnb Rental Income: $2443 Traditional Rental Income: $3269 Airbnb ROI: -1.83% Traditional ROI: -0.75%
6797 Bianco #88 Alanson, MI 6797 Bianco #88, Alanson, MI 49706 \| Single Family Residential	2 beds \| 1 baths \| 353 sq.ft.	$130,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 1.87% Airbnb Rental Income: $1570 Traditional Rental Income: $839 Airbnb ROI: 4.11% Traditional ROI: 1.87%
7170 Spring St Alanson, MI Renovated Inland Waterway Estate with Guest Bunkhouse on Crooked River. Rare opportunity t...	6 beds \| 2 baths \| 1,283 sq.ft.	$650,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 1.33% Airbnb Rental Income: $3872 Traditional Rental Income: $2011 Airbnb ROI: 3.02% Traditional ROI: 1.33%

Real Estate investment in Alanson, MI

There are 28 properties for sale in the city of Alanson . The median list price in Alanson is $103,438 and the average price per square foot is $63. In October 2026, the average monthly cash on cash return in Alanson is 3.00%. The average monthly rental income in Alanson is $1,912.

Alanson, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Alanson.

In 2026, the best neighborhood to buy investment property is Alanson.

The ROI for Long-Term is higher than the Short-Term in Alanson with average rental income of $1,912.

Your search for investment property begins and ends here

Investment Property for Sale in Alanson, MI

3871 Resort Rd

Alanson, MI

2 beds | 2 baths | 1,545 sq.ft.

$359,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $1570

Traditional Rental Income: $1866

Airbnb ROI: 0.52%

Traditional ROI: 2.74%

3156 Bowman Rd

Alanson, MI

2 beds | 2 baths | 1,477 sq.ft.

$349,900

Airbnb cash on cash: 0.6%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $1570

Traditional Rental Income: $2002

Airbnb ROI: 0.6%

Traditional ROI: 3.29%

5441 Valley Road

Alanson, MI

3 beds | 2 baths | 2,364 sq.ft.

$499,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: -0.35%

Airbnb Rental Income: $2250

Traditional Rental Income: $1111

Airbnb ROI: 0.88%

Traditional ROI: -0.35%

8018 Lake St

Alanson, MI

3 beds | 2 baths | 1,023 sq.ft.

$624,900

Airbnb cash on cash: 0.2%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $2250

Traditional Rental Income: $2077

Airbnb ROI: 0.2%

Traditional ROI: 0.87%

7028 Barney Road

Alanson, MI

3 beds | 3 baths | 1,700 sq.ft.

$312,000

Airbnb cash on cash: 2.91%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $2250

Traditional Rental Income: $2022

Airbnb ROI: 2.91%

Traditional ROI: 4.05%

8370 Lakeview Rd

Alanson, MI

2 beds | 2 baths | 2,160 sq.ft.

$1,695,000

Airbnb cash on cash: -1.88%

Traditional cash on cash: -1.41%

Airbnb Rental Income: $1570

Traditional Rental Income: $1854

Airbnb ROI: -1.88%

Traditional ROI: -1.41%

4700 Oden #1 Rd

Alanson, MI

1 beds | 1 baths | 335 sq.ft.

$250,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: -1.47%

Airbnb Rental Income: $1048

Traditional Rental Income: $573

Airbnb ROI: -0.99%

Traditional ROI: -1.47%

8503 US 31 Hwy

Alanson, MI

N/A beds | N/A baths | N/A

$139,000

Airbnb cash on cash: -2.82%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $288

Traditional Rental Income: $543

Airbnb ROI: -2.82%